Grace Haven Biblical Renewalministries Inc

Grace Haven Biblical Renewalministries Inc consistently reports 0% officer compensation but has recently operated at a deficit.

EIN: 205339412 · Millersburg, IN · NTEE: X99 · Updated: 2026-03-28

$363KRevenue
$346KGross Revenue
$469KAssets
85/100Mission Score (Excellent)
X99

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Grace Haven Biblical Renewalministries Inc Financial Summary
MetricValue
Total Revenue$363K
Total Expenses$345K
Program Spending85%
Net Assets$503K
Transparency Score85/100

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Grace Haven Biblical Renewalministries Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Grace Haven Biblical Renewalministries Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Grace Haven Biblical Renewalministries Inc in one place.

Form 990 Filing Summary

15 filing years are available, with latest revenue of $299K and expenses of $345K.

Revenue and Expenses

Grace Haven Biblical Renewalministries Inc reported $299K in revenue and $345K in expenses, a deficit of $46K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.

Is Grace Haven Biblical Renewalministries Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
15Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Grace Haven Biblical Renewalministries Inc Expense Deployment
Program services$294K (85%)

Across stored filings, Grace Haven Biblical Renewalministries Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Grace Haven Biblical Renewalministries Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade B15 stored filing years
Peer contextCompare with Sigma Kappa SororityIndiana and Religion context

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Grace Haven Biblical Renewalministries Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Grace Haven Biblical Renewalministries Inc

Grace Haven Biblical Renewalministries Inc (EIN: 205339412) is a nonprofit organization based in Millersburg, IN, classified under NTEE code X99. The organization reported total revenue of $363K and total assets of $469K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grace Haven Biblical Renewalministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

12Years Operating
SmallSize Classification
15Years of Filings
MixedRevenue Trajectory

Grace Haven Biblical Renewalministries Inc is a small nonprofit that has been operating for 12 years, with 15 years of IRS 990 filings on record (2009–2024). Revenue has grown at a compound annual rate of 7.8%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$299K
Total Expenses$345K
Surplus / Deficit$-46,014
Total Assets$513K
Total Liabilities$10K
Net Assets$503K
Operating Margin-15.4%
Debt-to-Asset Ratio1.9%
Months of Reserves17.8 months

Financial Health Grade: B

In 2024, Grace Haven Biblical Renewalministries Inc reported a deficit of $46K with expenses exceeding revenue, holds 17.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).

Financial Trends

Over 15 years of filings (2009–2024), Grace Haven Biblical Renewalministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.

YearRevenue ChangeExpense ChangeAsset Change
2024+16.5%+7.8%-8.5%
2023-51.5%+5.2%-9.5%
2022+46.5%+40.2%+46.8%
2021+71.0%-8.3%+64.0%
2020+5.2%+38.0%-9.6%

IRS Tax-Exempt Classification

IRS Classification Codes2700
IRS Ruling Date2014

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Grace Haven Biblical Renewalministries Inc demonstrates a consistent operational history with 15 filings, indicating a stable presence. However, recent financial periods show a trend of expenses exceeding revenue. For example, in 202403, expenses were $345,493 against revenues of $299,479, and in 202303, expenses were $320,445 against revenues of $256,992. This suggests the organization is drawing down on its assets or relying on prior surpluses to cover current operations. While the organization's assets have fluctuated, they remain substantial relative to its annual revenue, with $469,048 in assets against $363,127 in latest revenue. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice significantly enhances trust and suggests a volunteer-driven or very lean leadership structure.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Grace Haven Biblical Renewalministries Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Grace Haven Biblical Renewalministries Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$299KTotal Revenue
$345KTotal Expenses
$513KTotal Assets
$10KTotal Liabilities
$503KNet Assets
  • The organization reported a deficit of $46K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 1.9%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly unusual for an organization of its size with annual revenues in the hundreds of thousands, suggesting a volunteer-led model or that compensation is covered by an external entity.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Grace Haven Biblical Renewalministries Inc's IRS 990 filings:

  • Recent trend of expenses exceeding revenue (e.g., $345,493 expenses vs. $299,479 revenue in 202403)
  • Fluctuating revenue streams, making financial planning potentially challenging (e.g., $529,580 in 202203 down to $299,479 in 202403)

Strengths

The following positive indicators were identified for Grace Haven Biblical Renewalministries Inc:

  • Consistent reporting of 0% officer compensation, indicating high financial transparency and dedication to mission
  • Low liabilities relative to assets, suggesting good financial management and solvency
  • Long history of IRS 990 filings (15 filings), demonstrating consistent compliance and operational stability
  • Substantial assets ($469,048) relative to annual revenue, providing a financial cushion

Frequently Asked Questions about Grace Haven Biblical Renewalministries Inc

Is Grace Haven Biblical Renewalministries Inc a legitimate charity?

Grace Haven Biblical Renewalministries Inc (EIN: 205339412) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 85/100. It has 15 years of IRS 990 filings on record. Total revenue: $363K. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Grace Haven Biblical Renewalministries Inc spend its money?

Grace Haven Biblical Renewalministries Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Grace Haven Biblical Renewalministries Inc tax-deductible?

Grace Haven Biblical Renewalministries Inc is registered as a tax-exempt nonprofit (EIN: 205339412). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Grace Haven Biblical Renewalministries Inc's spending goes to programs?

Grace Haven Biblical Renewalministries Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Grace Haven Biblical Renewalministries Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Grace Haven Biblical Renewalministries Inc is above average for NTEE category X99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Grace Haven Biblical Renewalministries Inc located?

Grace Haven Biblical Renewalministries Inc is headquartered in Millersburg, Indiana and files with the IRS under EIN 205339412. It is classified under NTEE code X99.

How many years of IRS 990 filings does Grace Haven Biblical Renewalministries Inc have?

Grace Haven Biblical Renewalministries Inc has 15 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $363K in total revenue.

Is Grace Haven Biblical Renewalministries Inc financially sustainable given recent deficits?

The organization has experienced deficits in the last two reported periods (202403 and 202303), with expenses exceeding revenue. While its assets of $469,048 provide a buffer, sustained deficits could impact long-term financial health if not addressed.

How does the 0% officer compensation impact the organization's operations?

The consistent 0% officer compensation suggests a highly volunteer-driven leadership or that key personnel are compensated through other means. This practice can maximize funds for programs but might also pose challenges in attracting and retaining professional leadership without direct compensation.

What is the trend in the organization's assets and liabilities?

Assets have fluctuated, peaking at $619,540 in 202203 and currently at $469,048. Liabilities have remained relatively low, indicating good financial control, with the highest reported at $33,700 in 202103 and currently at $9,581.

Filing History

IRS 990 filing history for Grace Haven Biblical Renewalministries Inc showing financial trends over 15 years of public records:

Over 15 years of IRS 990 filings (2009–2024), Grace Haven Biblical Renewalministries Inc's revenue has grown by 209.3%, moving from $97K to $299K. Total assets increased by 283.1% over the same period, from $134K to $513K. Total functional expenses rose by 245.3%, from $100K to $345K. In its most recent filing year (2024), Grace Haven Biblical Renewalministries Inc reported a deficit of $46K, with expenses exceeding revenue. The organization holds $10K in liabilities against $513K in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $503K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $299K $345K $513K $10K
2023 $257K $320K $560K $11K View 990
2022 $530K $305K $620K $7K View 990
2021 $362K $217K $422K $34K View 990
2020 $211K $237K $257K $14K View 990
2019 $201K $172K $284K $0 View 990
2018 $156K $165K $255K $0 View 990
2017 $247K $163K $264K $0 View 990
2016 $138K $136K $236K $0 View 990
2015 $151K $119K $233K $117 View 990
2014 $118K $114K $199K $-531
2013 $143K $116K $196K $0
2012 $150K $127K $169K $0
2011 $137K $119K $147K $1K
2009 $97K $100K $134K $1K

Year-by-Year Financial Summary

  • 2024: Revenue of $299K, expenses of $345K, and assets of $513K (revenue +16.5% year-over-year).
  • 2023: Revenue of $257K, expenses of $320K, and assets of $560K (revenue -51.5% year-over-year).
  • 2022: Revenue of $530K, expenses of $305K, and assets of $620K (revenue +46.5% year-over-year).
  • 2021: Revenue of $362K, expenses of $217K, and assets of $422K (revenue +71.0% year-over-year).
  • 2020: Revenue of $211K, expenses of $237K, and assets of $257K (revenue +5.2% year-over-year).
  • 2019: Revenue of $201K, expenses of $172K, and assets of $284K (revenue +28.7% year-over-year).
  • 2018: Revenue of $156K, expenses of $165K, and assets of $255K (revenue -36.9% year-over-year).
  • 2017: Revenue of $247K, expenses of $163K, and assets of $264K (revenue +79.3% year-over-year).
  • 2016: Revenue of $138K, expenses of $136K, and assets of $236K (revenue -8.5% year-over-year).
  • 2015: Revenue of $151K, expenses of $119K, and assets of $233K (revenue +28.0% year-over-year).
  • 2014: Revenue of $118K, expenses of $114K, and assets of $199K (revenue -17.7% year-over-year).
  • 2013: Revenue of $143K, expenses of $116K, and assets of $196K (revenue -4.7% year-over-year).
  • 2012: Revenue of $150K, expenses of $127K, and assets of $169K (revenue +9.7% year-over-year).
  • 2011: Revenue of $137K, expenses of $119K, and assets of $147K (revenue +41.5% year-over-year).
  • 2009: Revenue of $97K, expenses of $100K, and assets of $134K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Grace Haven Biblical Renewalministries Inc:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2009 Filing

Data Sources and Methodology

This transparency report for Grace Haven Biblical Renewalministries Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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